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India Clears Projects Worth Several Billion Dollars

By

Prasanta Sahu And

Anant Vijay Kala

April 22, 2013 1:17 p.m. ET

NEW DELHI--A panel of Indian ministers on Monday approved 25 oil and gas and 13 power projects involving investments worth billions of dollars as part of the government's efforts to boost economic growth.

These are among the many projects in India which are facing delays due to bureaucratic hurdles, creating an obstacle to growth in an economy expanding at its weakest pace in a decade. In December, the government set up the Cabinet...